Prove

Cryptographic Authentication Critical to Ending Student Aid Scam

Why are fraudsters targeting the nation’s largest system of community colleges and what can we do to stop them?

Prove Steps up Fight Against APP Fraud and Scams in the UK

A new attribute of Trust Score is helping companies mitigate scams

Prove Named to Top 100 Innovative Cybersecurity Companies of 2022

Vendors were selected based on innovative technologies, ground-breaking features, and feedback from customers themselves. 

Prove Partners with Financial Organisations and Mobile Carriers in the United Kingdom to Fight Scams Such as Authorised Push Payment Fraud

Prove launches new Trust Score attribute in the UK centered on scam mitigation

Why the True Cost of Identity Fraud Is Even Higher Than You Think

A new study finally puts a price tag on one of the most costly & least understood crimes in America.

How Healthcare Leaders Can Build a Digital Front Door Using Phone-Centric Identity

Here are the key trends impacting patient loyalty in 2022.

Prove Joins Visa Ready for BNPL to Enable an Authenticated and Frictionless User Onboarding Experience

Prove’s Pre-Fill solution will enable lenders and merchants to implement faster and safer identity verification for BNPL payment options

How Elon Musk Could Fight Twitter Spambots Using Phone-Centric Identity

While defeating the bots is not quite a life or death battle, the stakes are extremely high.

Prove CEO Rodger Desai Named to Product 50 List of the World’s Most Innovative Product Leaders

Desai named to the list’s “Most Admired Product Leader” category

Prove to Headline Data, Fraud, and Future of Identity Track at LendIt Fintech (Fintech Nexus) USA 2022

The digital identity leader will be joined by Mastercard and Liminal to kick off the identity track and demonstrate its award-winning 10-second KYC and onboarding solution 

What Is Tokenization?

At Prove, tokens play an integral role in what we call PIN – the platform that powers all of our solutions. But what are tokens and how do they work?

How a Leading Healthcare Company Saw 151% More Registrations After Using Prove Pre-Fill

As healthcare providers adjust to providing care digitally, the challenge of seamlessly collecting critical patient data outside of the waiting room has become a major focus.

Prover Spotlight: Q&A with Alex Ogilvy, Product Manager

Meet Alex Ogilvy, Product Manager at Prove

Expert Insights Awards Prove as Best Multi-Factor Authentication and Best Biometric Solution

Prove has been awarded Expert Insights “Best-Of” Spring 2022 awards in 4 categories, including Best of Multi-Factor Authentication and Best of Identity and Access Management.

The Financial Times Awards Prove as the 26th Fastest-Growing Technology Company in the Americas

The Financial Times recognizes the digital identity leader on its ‘The Americas’ Fastest Growing Companies’ list for the third year in a row

3 Security Checks Every Company Should Follow Before Going Passwordless

Navigating the web in its current iteration means remembering (or, more precisely, forgetting) an ever-growing number of increasingly complicated passwords to access everything from social media, the news, banking websites, and more.

Islamic Trade Finance In the New World Order

Islamic trade finance differs from the conventional trade finance system in a few significant ways.

Regulatory Framework: Gaps & Opportunities to Support Growth of Neobanks

While governments take their own sweet time to make financial inclusion a reality, technology has embraced everyone.

Opportunities for FinTech in the Pharmaceutical Industry

In this article, we explore the growing pharma industry and the new technologies & business models needed to tap the FinTech + Pharma opportunity. 

Kazakhstan’s FinTech Giant – Kaspi Bank

Kaspi Bank, an Almaty-based intrepid service provider, is now making waves in the FinTech space following its overwhelming IPO success in 2020.

The Indian Growth Opportunity for Neobanks

Digital challenger banks are transforming the way banking is viewed by the consumers and the market.

88 International Startup Accelerators, Incubators & Innovation Labs Nurturing Innovators in Financial Services

Some of the interesting accelerators/incubators/innovation labs focused on financial and other types of technological innovations worldwide.

Neobanks For the Next Generation

Neobanks came to the fore with simple yet efficient solutions for millennials and the working Gen Z population.

How European Banks Are Using RegTech Solutions

Large US and European banks are spending $20 billion a year on technology to help them comply with newly evolving regulations such as MiFID and PSD2.

Adding the Essential ‘Presence-Less’ Identity Verification Layer to Neobanking and Other Financial Services

To access the financial services they offer, compliance with the KYC mandate applicable to the service and the player or the underlying player is an essential first step.

9 Supply Chain Finance Companies in the US

Supply chain finance aims to improve the financial efficiency of the supply chain and substantially reduce the working capital of both buyers and suppliers.

Is Embedded Finance the Next Evolution in FinTech?

Financial institutions and FinTech are collaborating to drive the next wave of innovation with the intention to make unique and necessary products and services available more cost-effectively and swiftly.

11 Money Transfer Companies Using Blockchain Technology

With the advent of digital currency and blockchain technology, companies are not holding back in adopting currencies like bitcoin to enable remittance services.

Direct Carrier Billing: An In-Depth Look at How It Empowers Scalability

In this piece, we will be taking an in-depth look at how this innovative billing method has enabled mobile network operators (MNOs) and digital services providers to sync their operations better to obtain increased economies of scale.

Boosting Financial Inclusion in India: The FinTech Solution

Is it enough to say that India’s financial inclusion growth is heading in the right direction?

The Rise of SoftPoS

SoftPoS is a relatively new payments system gaining acceptance.

Top 15 SME-Focused FinTech Startups

SME-focused FinTech players have delivered innovation across loan origination, underwriting, documentation, data management, profile management, and loan servicing.

56 FinTechs Companies in Nigeria Enabling Inclusive Growth

How FinTech Ecosystems Are Enabling Marketplaces

FinTech has reinvented all types of marketplaces, be it a B2B marketplace, or a SaaS marketplace.

FASTag: TAM for Startups and Related Opportunity

Inventory Financing: The Growth of European Non-Bank Players

According to surveys by the Asian Development Bank, SMEs face rejection rates as high as 45%.

The BNPL Model and Rising Default Levels in the Ecosystem

Why Are Some Neobanks Reinventing Their Business Models?

Neobanks started a paradigm shift in financial services with a customer-centric core, which legacy banks could not offer.

Neobanks and Their Gradual Transition to Full-Service Digital Banks

In this age of digital services, FinTech has revolutionized the way people fulfill their banking needs.

An Analysis of Leading Banks' Venture Capital Arms

In this article, we’ll focus on some leading banks and their venture capital arms.

8 Women Inspiring Change at Prove

Check out these eight trailblazers nominated this year by the Provers that inspire change in our organization.

15 Innovative InsurTech Startups in the US to Keep an Eye On

Insurance across the globe is slowly picking up – with industries growing in both the developed and developing regions.

Digital Transformation of Regulatory Compliance for Financial Institutions

Regulation spans the width and breadth of the financial services industry – from front-office regulation dealing with Know-Your-Customer (KYC) to those related to capital management.

Challenges and Opportunities in the Ride-Sharing Industry

Ride-sharing is gaining popularity among commuters across the globe and the market is expanding at a rapid pace.

Payment Networks Adopting Cryptocurrencies – A Clear Indicator of the Increasing Acceptance of Cryptocurrencies

The distributed ledger technical architecture came into existence almost a decade ago, with Bitcoin as its first and by far the most popular implementation.

Analyzing the Rapid Growth of FinTech-as-a-Service (FaaS)

FinTech-as-a-Service (FaaS) is making waves in this age of aggressive digitalization.

Swift and Secure Transactions – A Quick Look at Some Popular Real-Time Payments Systems across the World

The adoption of real-time payments systems by countries has increased fourfold since 2014.

Prove Partners with All Access NFT to Power Enhanced Customer Experiences and Prevent Fraud in Booming NFT Space

Digital identity leader, Prove, partners with MMA Star Anthony Pettis-backed NFT venture, providing solutions to accelerate user onboarding and eliminate bad actors

FinTech Portfolio Analysis – Tiger Global Management

Established in 2001, US-based investment firm Tiger Global invests in public and private companies active in the internet, software, consumer, and FinTech fields.

The Indian Recurring Payments Landscape: Tapping Into UPI AutoPay’s Potential

NPCI’s latest offering ‘UPI AutoPay’ is the latest step furthering recurring payments in India, after recently increasing the NACH e-mandate cap to INR 10 Lakhs and reviving eSign-based mandates.

A Perspective on Mobile Wallets across the World

As of today, approximately 3 billion people worldwide use mobile wallets.

The Rise of Co-branded Credit Cards

Co-branded cards optimize visibility for partnering brands, provide greater value for money, and ensure that customers keep returning for freebies and rewards. 

FinTechs for Sustainable Finance: Trends and Opportunities

The concept of sustainable finance broadly encompasses all financial activities and initiatives that are directed towards achieving social, environmental and economic sustainability, in addition to immediate financial gain that is generally assumed to be the necessary outcome of any financial activity. 

11 Major Risks Faced by Banks in 2018 and Beyond

Modern banking sector is a highly complex ecosystem, where stakeholders of different backgrounds — internet, tech companies, startups — play an increasingly influential role.

FinTech in IPO Markets: An Analysis of FinTech IPOs (Q1 2020–Q3 2021)

In this article, we explore the FinTech IPOs and trends over the past year and a half. 

18 Banking Software Providers Powering Online Banking

Some examples of banking software providers that are powering online banking solutions:

11 Quotes in Payments, FinTech, and Money to Remember

11 Quotes in Payments, FinTech, and Money to Remember

Announcement | Alloy Partners with Prove to Enhance Digital Onboarding and Reduce Risk of Fraud for Financial Institutions

Prove’s phone-centric data solutions enable Alloy’s clients to provide a frictionless and secure onboarding experience for new and existing clients

Alloy Partners with Prove to Enhance Digital Onboarding and Reduce Risk of Fraud for Financial Institutions

Prove’s phone-centric data solutions enable Alloy’s clients to provide a frictionless and secure onboarding experience for new and existing clients

5 Digital Identity Trends Marketplaces Should Know for 2022

5 major identity trends every leading marketplace should know to succeed in 2022

The Rise of the Voice Payments Ecosystem

Globally, the number of customers using voice-assistants is increasing with a CAGR of 29.4% and is estimated to reach 1.83 billion by 2021.

11 Blockchain API Providers Enabling Developers to Build Next-Gen Apps

The vast majority of FinTech companies nowadays are either using APIs or moving towards implementation.

Why Mobile Banking Apps Use React JS for Simplifying E-Banking Maintenance

Is your financial institution on the fence about whether to work with a React JS specialist and if React is the best solution for maintaining your banking app?

An Analysis of Payment Gateway Providers by Total Payment Volume

In this article, we'll discuss some leading payment gateway providers in the global and regional markets. We have analyzed the TPV growth of PayPal, Square, Razorpay, Adyen, and Stripe over the past four years and the pre- and post-pandemic growth numbers.

Digital Banking Innovations in Vietnam

The digital banking space in Vietnam is thriving on the back of rapid FinTech adoption, a booming e-commerce industry, and COVID-19 impact.

84 FinTech VC Firms to Consider If You Are a FinTech Startup Raising Money

The emerging trends for FinTech include lending, money transfer, APIs, machine learning, blockchain, bitcoin, risk & security, biometrics authentication, payment processing and more.

Neobanks: A Global Deep Dive

Neobanks are working to transform the banking landscape as we know it.

15 Top FinTech Companies in Thailand

Thailand presents a modest market for FinTech innovators.

‘Buy Now, Pay Later’ in India

India’s digital lending market is expected to reach $100 billion by 2023, posting a CAGR of 36%.

The Growth of Digital Banks in the Middle East

The Middle Eastern banking landscape is witnessing an influx of this transformative entity.

Rise of Alternative Payment Methods in Southeast Asia

In Southeast Asia, the pandemic and several other factors in the years prior have led to the rise of alternative payment methods that are disrupting the financial landscape in the region.

Bangladesh – The Rising FinTech Star in South Asia

Bangladesh is one of the economies where the Payments segment (FinTech) is performing well because of mobile phones.

India’s Open Credit Enablement Network (OCEN)

Open Credit Enablement Network (OCEN) is the next chapter in the IndiaStack story. It is an initiative to unbundle lending and enable the creation of specialized entities, each specialized at one part of the job.

Breaking Through the Crypto Bottleneck: Leveraging Phone-Centric Identity to Accelerate Crypto Onboarding

It’s no secret that crypto wallets and exchanges are buckling under the pressure to onboard the unprecedented number of would-be investors while complying with a byzantine patchwork of regulations.

Prove Featured on The Block | How to Eliminate Crypto Onboarding Delays & SIM Swap Fraud

Here are 3 ways top crypto companies leverage Prove’s technology to onboard new users in 10 seconds while mitigating SIM swap and other identity fraud.

How P2P Platforms Can Prevent Man-in-the-Middle Attacks with Advanced MFA

Here are four steps you can take today to fortify your company’s multi-factor authentication flow.

What is Multi-Factor Authentication (MFA), and How Does It Work?

Multi-factor authentication serves as an extra layer of security, designed specifically to prevent fraud caused by what security experts call the domino effect.

The Future Of User Authentication: A Guide To Behavioral Biometrics

What is behavioral biometric authentication, how does it work, and why should you be interested?

Prove Ranked as Identity Verification Leader by G2 Users

User ratings applaud Prove’s innovative technology solutions for identity authentication, identity verification, and fraud prevention

Keeping an Open Mind with Open Banking

The financial services industry is still finding its footing in open banking.

Goldman Sachs Quietly Launches Mobile Banking App

As incumbent companies continue to maneuver the demands of consumers, many of them are betting on a tech/mobile-forward approach to help retain satisfied users.

How Banks Are Using AI as a Tool for Transformation

Several promising players now use AI to solve some of the major problems for customers in the banking and financial services industry.

Overview of the Payments Industry

The Ecosystem, Consumer & Wholesale Payments, and the Application of New Technologies

Gig Economy Part 3: Insurance for Gig Economy Employers and Workers

One of the elements of financial well-being is finding adequate insurance for the gig workers.

HealthTech – FinTech’s Little Brother Is Growing Up

Healthcare in the US is a hotly debated topic, and the space is incredibly fragmented. But, can FinTech help save the US healthcare system?

Gen Z Wants FinTech on Their Terms

FinTechs and financial institutions have their sights set on Gen Z. Many of them are graduating, gearing up to join the workforce, and are ready to invest!

7 Most Important Things You Should Know About the Global FinTech Industry

Global investments in FinTech ventures tripled to $12.21 million in 2014, which means FinTech gained significant momentum and became a hot spot attracting a lot of attention.

Prove Partners with The Knoble to Fight Human Trafficking and Other Human Crimes

Partnership aims to protect vulnerable and targeted populations from exploitation and abuse by leveraging digital identity expertise

All You Need to Know About PSD2 & Open Banking

PSD2 is part of a global trend in banking regulation that aims to foster market competition, innovation, and security.

Neobanks Solving Startups’ Banking Problems

Banking has now become data-driven, and service delivery channels have been digital for the most part.

Setting Up a Neobank From Scratch

Core Platforms for Digital-Only Banks – Where Are the Original Gangsters?

While a plethora of challenger banks and neobanks have preferred to build their core platforms in-house, the game is not lost for traditional platform providers.

Upcoming Digital-Only Bank Licenses in Singapore: A Deep Dive

SDK.Finance's Role Amid PSD2 & Open Banking Environment

SDK.finance, a European software FinTech vendor, reveals the strategic options of partnering with banks for PSD2 implementation.

The Story of Tinkoff Neobank - From a Credit Business to a Super Banking App

Spectacular growth has made Tinkoff the third-largest bank in terms of the number of customers.

PSD2: How will it Affect Banks and Credit Unions in EU?

How Can Banks in Europe Prepare Themselves for PSD2?

PSD2 aims to reduce the entry barriers for a FinTech firm and enhance consumer protection & convenience.

Collaborating for Growth: Exploring Neobank-Payment Provider Partnerships

A look at an exciting development in the neobanking space, one that is aimed at boosting the financial freedom of players in a conventionally underserved segment – small and medium enterprises, otherwise known as SMEs.

Token, Inc. Launches a New Programmable Tokenization Payment Rail

Digital ‘Banking-as-a-Platform’ solution delivers instant PSD2 compliance for banks, mitigates digital payment risks, and eliminates disintermediation.

APIs Perspective: Analysis of the PSD2 and Open Banking in Europe

Banking, which is a heavily regulated industry, is changing partly due to regulations and also due to new players and tech-led experiences they are bringing to the customers. Among these regulations, one such regulation has the potential to change banking forever: Open Banking.